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NateGeraci
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In all seriousness…
It’s absolutely stunning how quickly the war on crypto ended.
Night & day between now & a year ago.
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NateGeraci
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SEC says certain proof-of-stake blockchain protocol staking activities are *not* securities transactions… Another hurdle cleared for staking in spot eth ETFs. Now need clarity from IRS on how staking revenue handled in grantor trust (which is structure used for spot eth ETFs).
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Past 5 weeks… Over $9bil into spot btc ETFs, while nearly $3bil out of gold ETFs. “Btc’s intraday correlation w/ Nasdaq, the dollar, & even gold has been remarkably low. Suggests btc may increasingly be viewed as a hedge or even a non-correlated asset class.” via @sidcoins
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My chat w/ @Solidus_Labs Co-Founder @AradChen… We discuss: -Crypto trading surveillance -Market manipulation -Role of social media in manipulation -AI & crypto -Spot crypto ETFs & surveillance sharing -Tokenization & compliance https://www.youtube.com/w
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Latest episode of ETF Pulse is out… @KristinReports & I talk: -Record pace of ETF inflows -Impact of ETF share class structure -Nuclear energy-related ETFs -First 1x XRP ETF https://www.etf.com/sections/podcasts/etf-share-classes-way-trump-goes-nuclear
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Another nearly *$500mil* into iShares Bitcoin ETF… Starting to get ridiculous. Inflows 30 of past 31 days. Nearly $9.5bil in new $$$. IBIT comfortably in top 5 ETFs by inflows this year (out of 4,200+ ETFs).
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